CBD has long been a consistent performer of the overall cannabis market as industry leaders have enjoyed the flexibility of loopholes surrounding legalities, as well as a rising consumer sentiment toward alternative health options. CBD-infused products have allowed companies to expand into a variety of industries and continue to generate higher and higher revenues. The hemp-derived CBD market is projected to top $590 million in revenue, according to the Brightfield Group. The industry will continue growing as it matures, and is also expected to receive a boost if legislation removes CBD as a controlled substance in the near future. Active Companies from around the market with current developments this week include: Marijuana Company of America, Inc. (OTC:MCOA), MariMed Inc.

U.S. Customs and Border protection says border officers in Montana are intercepting travelers from Canada who are in possession of marijuana.

Two Americans were also recently arrested after admitting to having a marijuana pipe and biying marijuana in Canada. Hash oil and other declared items were also in their vehicle.

Border officials say although recreational marijuana may be legal in Canada and some U.S. states, it is reminding travelers that pot remains illegal in most of the U.S.

It says Canadians working in the marijuana industry coming to the U.S. for reasons unrelated to the marijuana industry will generally be allowed entry.

Canada has a challenger to its status as the pot-stock capital of the world — the scrappy over-the-counter market in the U.S.

There are now 136 cannabis-related securities on OTC Markets Group Inc.’s main and venture market. That compares with 144 companies on Canadian exchanges.

Saskatchewan's marijuana business continues to be an uphill struggle for its retailers nearly three weeks after legalization.

Only five stores are currently open in the province. SLGA has issued permits to just nine of the 51 winners of the provincial lottery that decided who could open a recreational pot shop. 

David Morris with SLGA said there are a lot of pieces to getting that permit approved and that some are getting close. "It's a big undertaking, there's work that a lot businesses have to do on their own, including getting municipal zoning approval and meeting any sort of requirements that municipalities may have. They also need to work on construction, securing the business, plus the SLGA permitting requirements," Morris said.

After years of debate, marijuana is finally legal in Canada. On Oct. 17, the first dispensaries opened across the country. This is a massive step toward not only making pot safer and more accessible, but also ensuring a degree of product quality that couldn’t be guaranteed in an unregulated market. That being said, I believe significant progress is still needed in regard to the elimination of the stigma associated with marijuana use.

Certainly, cannabis is by no means a product without fault. Just like everything else, overuse of marijuana can have serious side-effects. The Journal of Clinical Psychiatry noted that acute cannabis consumption at a young age has been linked with the inhibition of psychomotor skills, short-term memory, and minor cognitive functions.

During his lengthy figure skating career, Dylan Moscovitch had to learn how to deal with immense pressure.

He also had to deal with the physical rigours of the sport. He navigated both successfully, retiring earlier this year after a career that included multiple podium finishes, Canadian championships and an Olympic silver medal.

There were lots of things Moscovitch did (all legal) during his career to gain a physical and mental edge.

Cannabis was never one of them.

"I don't think I would make it through a program," Moscovitch laughed when asked if he ever contemplated skating high.

https://www.benzinga.com/markets/cannabis/18/11/12585853/what-legal-cannabis-means-for-canadas-economy

Canada is buzzing after the legalization of recreational cannabis, with long lines at the few retailers already open, a supply shortage, impaired driving fears, people taking to the streets in joy ... 

But what does legalization mean for the Canadian economy? How much is the market potentially worth?

There’s no sugar coating it: Cannabis stocks have had a tough ride in the second half of October. Collectively, the group was hammered as the overall markets took a hit. Surprisingly though, many cannabis names held up fairly well — Aurora Cannabis (NYSE:ACB) included.

That’s as recreational marijuana became legal in Canada in mid-October. Several stocks broke out just ahead of the event, only to reverse lower and join the major selling theme of the market. It set up as one great sell-the-news event, something we weren’t surprised about when we looked at Canopy Growth(NYSE:CGC) earlier in the month.

The legalization of cannabis on October 17 was a huge day for Canada, but for drivers it has created a lot of questions. Like alcohol, cannabis is considered a substance that impairs your ability to drive, but what constitutes ‘impairment’ is somewhat unclear right now, and impairment rules differ between police forces across Canada.

Organigram Holdings Inc. (TSXV:OGI), one of the Canadian cannabis stocks, announced recently that it has signed a supply agreement with the BC Liquor Distribution Branch. This is the eighth such provincial supply agreement out of 10 provinces that have finalized supply agreements and aligns well with the Company’s increasing focus on producing and selling cannabis, with a shift away from its clinic operations.